Press release
Refinery Catalyst Market Business News for Haldor Topsoe, Albemarle Corporation, BASF SE, Honeywell, Uop., and Axens Sa

Refinery Catalyst Market, Refinery Catalyst Market Study, Refinery Catalyst Market Size, Refinery Catalyst Market Segmentation, Re
Refinery Catalyst Market will surpass USD 5.8 billion by 2025. Catalytic reforming is a chemical process used to convert petroleum refinery naphthas distilled from crude oil (typically having low octane ratings) into high-octane liquid products called reformates, which are premium blending stocks for high-octane gasoline. The process converts low-octane linear hydrocarbons (paraffins) into branched alkanes (isoparaffins) and cyclic naphthenes, which are then partially dehydrogenated to produce high-octane aromatic hydrocarbons. The dehydrogenation also produces significant amounts of byproduct hydrogen gas, which is fed into other refinery processes such as hydrocracking. A side reaction is hydrogenolysis, which produces light hydrocarbons of lower value, such as methane, ethane, propane and butanes.
This report focuses on the top Manufacturers and players in global market are given bellow:-
R. Grace & Co. (U.S), Haldor Topsoe, Albemarle Corporation, BASF SE, Honeywell, Uop., and Axens Sa
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Refinery catalysts are used to increase the yield of petroleum derivative products. These products aid refinery operators to enhance the operational efficiency, selectivity and conversion ratio of the crude oil. Refinery catalysts will gain the market throughout the forecast timeframe owing to the strict government regulation to reduce the containments and the emission of sulfur compounds and nitrogen compounds. For instance, In January 2018, China V was implemented for gasoline fuel quality, for the reduction of sulfur quantity in gasoline to 10 ppm. Besides the sulfur limit, it also provides reduction in minimum octane requirement, olefin content and manganese content. This will require more refining of products, further increasing the demand for product. The International Maritime Organization?s Marpol regulation aimed for the reduction of sulfur content in marine fuels which will augment the hydrotreating and hydrocracking product market during forecast period.
Refinery Catalyst Market Size by Type
Fluid Catalytic Cracking, Hydroprocessing [Hydrotreating, Hydrocracking], Alkylation, Reforming & Isomerization
By Material
Zeolite, Metal, Chemical Compound
Industry Analysis Report, Regional Outlook
U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait
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According to product type, petroleum refinery catalyst market is fragmented into alkylation, isomerization and reforming, hydroprocessing, and fluid catalytic cracking. The other product type includes desulfurization etc. Hydroprocessing catalyst will generate a revenue over USD 2 billion in 2025, growing at the rate over 3.5% during the forecast time period. These catalysts are used to create clean fuels to meet the fuel standards implemented by various government.
On material basis, the refinery catalyst market is segmented into metal, chemical compounds, zeolite and others which include organometals, enzymes, rare earth metals, etc. Zeolite catalyst has largest share owing to low cost along with beneficial characteristics. Moreover, metal-based catalyst will hold largest revenue share owing to the precious metals used in the manufacturing of the product.
In 2025, Russia share will reach around 40% of the total Europe market, rising at a substantial rate in upcoming years. The construction of hydrocracking unit in Rosneft?s Tuapse, Novokujbysevsk, and Gazprom Neft?s Omsk under Chevron Lummus will propel the demand of product. India and China will be the emerging market in Asia Pacific region and will exhibit the CAGR more than 3% in upcoming years.
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